NOTICE MARGIN PARAMETERS

NOTICE MARGIN PARAMETERS            

LCH SA sets the margin parameters for the SPAN® algorithm pursuant to the Instruction IV.2-2 and the thresholds on additional margin requirement, pursuant to the Article 4.2.0.3 regarding additional margins.

Pursuant to Instruction IV.3-1, LCH SA hereby publishes the calculation method and parameters of the Default Fund contribution for transactions registered in the Cash & Derivatives Clearing System.

This notice concerns enhancements of Default Fund parameters on:                

• Launch of a new Sweet Whey Food Grade Powder Future contract, starting on 13 April 2015.                
• Launch of a new Unsalted Lactic Butter Future contract, starting on 13 April 2015.                
• Launch of a new Skimmed Milk Powder Future contract, starting on 13 April 2015.  

Please click here to view the margin parameters

For further information please contact:     
Margin Management | LCH | Tel +33 170 37 65 16     
Email: margin.fr@lch.com     
Website: www.lch.com